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☆ There's only so long the economy can operate at these higher rates: John Hancock's Emily Roland
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's only so long the economy can operate at these higher rates: John Hancock's Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist, joins 'Squawk Box' to discuss the latest market trends, why she believes the markets are acting like 'a moody teenager', where investors can find opportunities right now, and more.

Persons: John Hancock's Emily Roland Emily Roland, John Organizations: John Hancock Investment Management

☆ Jensen Huang's 6 a.m. starts and 14-hour workday helped him turn Nvidia into a $2 trillion company
▼ + stars: | 2024-05-02 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +6 min

The Nvidia CEO has an engaged leadership style with 60 direct reports, which he says empowers others. AdvertisementRunning a $2 trillion company comes with early morning starts — just ask Jensen Huang. Huang works holidays but finds it relaxingNvidia CEO Jensen Huang. When I'm not working, I'm thinking about working, and when I'm working, I'm working. Got insights into what it's like working for Jensen Huang?

Persons: Jensen, Huang, —, Jensen Huang, Mohd Rasfan, Huang doesn't, workshy, Nicolai Tangen, Tangen, Nicolai, Huang's, Patrick Collison, I'm, Michael M, That's Organizations: Nvidia, Service, Financial Times, New York Times DealBook, Microsoft, Apple, Getty, Norges Bank Investment Management, Stripe Sessions, Big Tech, CNN, Forbes, Stanford School of Business, Stanford University Locations: AFP

☆ World’s largest sovereign wealth fund says green backlash is a chance for it to 'phase in' — not out
▼ + stars: | 2024-04-29 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Norway's $1.6 trillion wealth fund added to its bets in the biggest technology companies last year after interest in artificial intelligence drove a surge in the sector. Norway's $1.6 trillion sovereign wealth fund says it will continue to advocate for investments based on environmental, social and governance (ESG) factors, brushing off the impact of a green political backlash. Analysts expect the outcome of this year's U.S. presidential election to determine whether the pushback against ESG investment strategies will have a deep and lasting effect. Nicolai Tangen, CEO of Norges Bank Investment Management (NBIM), told CNBC that the country's wealth fund continued to advocate for the ESG agenda. So that's important," Tangen told CNBC's "Squawk Box Europe" on April 23.

Persons: Nicolai Tangen, Tangen, CNBC's Organizations: Norges Bank Investment Management, Republican, Democratic, CNBC Locations: Oslo, Norway, United States, U.S

☆ Fed Chair Powell does not want central bank to be hawkish, says John Hancock's Emily Roland
▼ + stars: | 2024-04-29 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Chair Powell does not want central bank to be hawkish, says John Hancock's Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist and Tim Urbanowicz, Innovator Capital Management head of research, join 'Closing Bell Overtime' to talk today's market action.

Persons: Powell, John Hancock's Emily Roland Emily Roland, John, Tim Urbanowicz Organizations: John Hancock Investment Management, Capital Management

☆ We have more insights as to where the economy is headed — and it's not good
▼ + stars: | 2024-04-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at how the latest GDP data has shifted the expectations of where the economy is headed. Now, the economy will need some type of event (see: bubble popping) for rate cuts to become an option anytime soon, Miskin said. Energy price shocks could bring the world economy to a "vulnerable moment," chief economist Indermit Gill warned.

Persons: —, TikTok, they're, you'd, Jia Feng, It'll, Insider's Madison Hoff, It's, Jerome Powell, Anna Moneymaker, BI's Filip De Mott, Jamie Dimon, Matt Miskin, Miskin, Mark Zuckerberg, C, Cox, Jenny Chang, Rodriguez, Goldman Sachs, Guess what's, Indermit Gill, Alphabet's, Redmond, Tyler Le, Doug McMillon, execs, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Reserve, stagflation, JPMorgan, Wall Street, John Hancock Investment Management, Galatioto Sports Partners, Bank, Google, Big Tech, Microsoft, Health, Linkedin, YouTube, ExxonMobil Locations: Chevron, New York, London

☆ Markets 'spooked' by sticky inflation, says John Hancock's Emily Roland
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets 'spooked' by sticky inflation, says John Hancock's Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist, and Greg Daco, chief economist at EY-Parthenon, and CNBC's Steve Liesman join 'The Exchange' to breakdown the latest GDP data.

Persons: John Hancock's Emily Roland Emily Roland, John, Greg Daco, Steve Liesman Organizations: John Hancock Investment Management Locations: EY

☆ ‘A real wildcard’: World’s largest wealth fund issues inflation warning on hot commodity markets
▼ + stars: | 2024-04-24 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

The chief executive of the world's largest wealth fund says there are many wild cards in financial markets right now, but the "big worry" for investors is what a commodities rally could mean for the inflation outlook. Oil and copper prices have climbed around 13%, respectively, year-to-date, while gold has repeatedly notched fresh record highs in recent months. Asked whether he had any concerns about hot commodity markets, NBIM's Tangen replied, "Yes, the big worry is just what that could mean for inflation right?" He added, "So, if energy and raw material prices continue to move up, that is going to feed through to end-product prices, which are going to be higher. And that could be the real wildcard when it comes to inflation expectation."

Persons: Nicolai Tangen, CNBC's, NBIM's Tangen Organizations: Norges Bank Investment Management

☆ 'Clearly a lot of froth' in the tech sector right now, says the CEO of the world’s largest wealth fund
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Clearly a lot of froth' in the tech sector right now, says the CEO of the world’s largest wealth fundNicolai Tangen, CEO of Norges Bank Investment Management, reviews the outlook for Big Tech ahead of upcoming earnings.

Persons: Nicolai Tangen Organizations: Norges Bank Investment Management, Big Tech

☆ World’s largest wealth fund says there’s ‘clearly a lot of froth’ in the tech sector right now
▼ + stars: | 2024-04-23 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

The chief executive of Norway's gigantic sovereign wealth fund on Tuesday said there is "clearly a lot of froth" in the tech sector, suggesting that whether there is too much of it could depend on this week's tech earnings bonanza. U.S. tech behemoths including Tesla , Meta , Microsoft and Google parent Alphabet are all scheduled to release results in the coming days. "If I look at what we can read out of the current market, I would say that there is clearly a lot of froth within the technology sector. The world's largest sovereign wealth fund, which was valued at 17.7 trillion kroner ($1.6 trillion) at the end of March, was established in the 1990s to invest the surplus revenues of Norway's oil and gas sector. To date, the fund has put money in more than 8,800 companies in over 70 countries around the world, making it one of the largest investors across the globe.

Persons: Nicolai Tangen, CNBC's, NBIM Organizations: Meta, Microsoft, Google, Elon Musk's EV, Tesla, Nasdaq, Nvidia, Norges Bank Investment Management, Government Pension Fund Locations: U.S

☆ Baidu says its ChatGPT-like Ernie bot exceeds 200 million users
▼ + stars: | 2024-04-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | ReutersSHENZHEN — Baidu CEO Robin Li said Tuesday the company's ChatGPT-like Ernie bot has exceeded 200 million users. Li, who is also co-founder and chairman of Baidu, was delivering an opening speech titled "Everyone is a Developer" at Baidu's AI Create conference. Smartphone companies Samsung and Honor have integrated Ernie's AI capabilities with certain mobile devices. Li said in February that Baidu's AI chip reserve "enables us to continue enhancing Ernie for the next one or two years."

Persons: Florence Lo, Robin Li, Ernie, Li, Joe Tsai Organizations: Baidu, Reuters SHENZHEN, Samsung, Norges Bank Investment Management Locations: Beijing, China

☆ Jack Ma is praising Alibaba. Wall Street is more cautious
▼ + stars: | 2024-04-14 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Alibaba shares got a boost last week from news founder Jack Ma is pleased with the company's turnaround so far. They cut their price target to $100 a share, down from $105 previously, while maintaining an overweight rating. Eddie Wu became CEO of Alibaba in September, and is also acting head of the cloud business. They cut their price target by $1 to $105 a share and maintained their buy rating. They have a price target of $85, and, in contrast to the many buy ratings, rate the stock equal weight.

Persons: Jack Ma, Joe Tsai, Ma, Alex Yao, Tsai, Nicolai Tangen, We've, Eddie Wu, Trudy Dai, Daniel Zhang, Kenneth Fong, Douyin, Nomura, Doubao, Ernie, Qianwen, monetization, Morgan Stanley, Gary Yu, — CNBC's Michael Bloom, Arjun Kharpal Organizations: CNBC, Wall Street, JPMorgan, Norges Bank Investment, Alibaba, Commerce, UBS, PDD Holdings, Norges Bank Investment Management Locations: China, U.S, Taobao, BABA

☆ Ousted Tesla cofounder says a canceled $25,000 car could give China 'a chance to really spread'
▼ + stars: | 2024-04-11 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Tesla cofounder Martin Eberhard expressed disappointment over a report of Tesla canceling its $25,000 EV plans. AdvertisementTesla cofounder Martin Eberhard said a report that the electric-car maker has canceled a $25,000 EV could give China a boost. The billionaire also said Tesla plans to unveil its first robotaxi later this year. The carmaker has been facing pressure from EV companies in China, including BYD, which has been vying with Tesla for the title of top EV seller . Earlier this week, the Tesla CEO said "Chinese car companies are by far the most competitive."

Persons: Tesla, Martin Eberhard, Elon Musk, Eberhard's, —, Eberhard, Musk, Nicolai Tangen, Eberhard butted Organizations: Service, HSBC Global Investment, Reuters, Elon, Norges Bank Investment Locations: China, Hong Kong

☆ Tesla shares have tanked 34% this year. Investors raise doubts over whether the EV maker will return to form
▼ + stars: | 2024-04-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Disappointing investors Tesla's inability to meet estimates and boost demand for its models has spurrred the newfound skepticism. The comments from Wood came one day after her firm purchased nearly $40 million worth of Tesla shares. A lack of investor understanding of the value of these alternative businesses and their future contribution to Tesla profits is plaguing Tesla shares, according to Corestone Capital's Will McDonough. TSLA 1Y mountain Tesla shares over the last year "Valuing Tesla as a car company is akin to valuing Amazon as a book sale company," the investor said. "There are definitely concerns in the marketplace around demand" for Tesla vehicles, said Robert W. Baird senior research analyst Ben Kallo.

Persons: Tesla, Morgan Stanley, Adam Jonas, Wedbush's Dan Ives, Ives, Michael Sansoterra, Tim Pagliara, EVs, Sansoterra, that's, CNBC's Andrew Ross Sorkin, Cathie Wood, Wood, Brad Gerstner, Elon Musk, Corestone Capital's Will McDonough, Robert W, Baird, Ben Kallo, We're Organizations: Elon, Silvant Capital Management, Wall, Motors, Ford, Toyota, Silvant, Ark Investment Locations: U.S, China

☆ China has made Fed Chair Powell's job 'a bit more difficult', says John Hancock's Emily Roland
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina has made Fed Chair Powell's job 'a bit more difficult', says John Hancock's Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist, joins 'Squawk Box' to preview the Fed's meeting this week, what to expect from Fed Chair Powell's commentary, interest rate outlook, latest market trends, and more.

Persons: John Hancock's Emily Roland Emily Roland, John Organizations: China, John Hancock Investment Management

☆ Satya Nadella says Google should've been the 'default winner' of the AI race
▼ + stars: | 2024-03-13 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Satya Nadella said Google should've been the "default winner" of the Big Tech AI race. He said Google can "bring some competition" to Microsoft in the AI race. Microsoft — not Google — is the AI frontrunner, tech analyst Dan Ives said last year. AdvertisementSatya Nadella said Google "should have been the default winner" of Big Tech's AI race. The Microsoft CEO said the resources available to Google should've made it a frontrunner.

Persons: Satya Nadella, Google should've, Dan Ives, —, Nadella Organizations: Google, Big Tech, Microsoft, Service, Norges Bank Investment, Business

☆ Watch CNBC’s full interview with SoFi's Liz Young and John Hancock's Emily Roland
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with SoFi's Liz Young and John Hancock's Emily RolandLiz Young, SoFi head of investment strategy, and Emily Roland, John Hancock Investment Management co-chief investment strategist, join 'Closing Bell' to discuss the semiconductor sector, giving back some of its gains and preparing for a possible momentum meltdown in the market.

Persons: SoFi's Liz Young, John Hancock's Emily Roland Liz Young, Emily Roland, John Organizations: John Hancock Investment Management

☆ Premarket stocks: Revolution or market bubble? Investors weigh the AI boom
▼ + stars: | 2024-02-28 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —What’s the difference between a revolution and a market bubble? Thanks to strong performances in stocks and bonds in 2023, coupled with steady savings rates and employer-provided matching contributions, 401(k) investors ended 2023 very much in the black, reports my colleague Jeanne Sahadi. That’s according to new fourth-quarter data from Fidelity Investments, one of the largest providers of workplace retirement plans that cover 23 million 401(k) participants. The troubled plant-based meat company, which has partnerships with McDonald’s and KFC owner Yum! On a Tuesday call with Beyond Meat’s investors, Brown outlined a set of initiatives intended to rightsize the struggling company.

Persons: New York CNN —, ’, Jamie Dimon, Dimon, ”, Torsten Slok, Yung, Yu Ma, “, Jeanne Sahadi, Gen Xers, Fidelity, Samantha Delouya, Ethan Brown, Brown Organizations: CNN Business, Bell, New York CNN, Nvidia, AMD, Taiwan Semiconductor Manufacturing, Apple, Microsoft, Amazon, Google, JPMorgan, CNBC, Apollo Global Management, Federal Reserve, BMO Wealth Management, Big, Norges Bank Investment Management, Legal, General, AFL, US Securities and Exchange Commission, Lawyers, SEC, Fidelity, Fidelity Investments, McDonald’s, KFC, Brands Locations: New York, California, “

☆ The Fed's going to remain on hold longer than many of us expected: John Hancock's Emily Roland
▼ + stars: | 2024-02-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed's going to remain on hold longer than many of us expected: John Hancock's Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Thursday.

Persons: John Hancock's Emily Roland Emily Roland, John Organizations: John Hancock Investment Management

☆ Spotify CEO Daniel Ek is worth billions — but says he still feels 'inadequate every day'
▼ + stars: | 2024-02-13 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Spotify founder and CEO Daniel Ek admitted to feeling not good enough every day despite his success. He told Norges Bank Investment Management’s podcast “In Good Company” he often feels "inadequate." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDaniel Ek is a billionaire and CEO of one of the world’s best-known companies — but says he still feels “inadequate every day.”The Spotify chief made the comment on Norges Bank Investment Management’s podcast “In Good Company” last month. The stock has had a rollercoaster ride but is up 58% over the past five years, and 91% up over the past 12 months, leaving Spotify worth $46 billion.

Persons: Daniel Ek, ”, Ek, —, he's, That’s, ” Ek, Forbes, George Barnard Shaw Organizations: Spotify, Norges Bank Investment, Service, New York Stock Exchange, Business Locations: Swedish

☆ Norway's giant wealth fund touts possibility of Novo Nordisk, Eli Lilly joining the trillion-dollar club
▼ + stars: | 2024-01-31 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, U.S. March 29, 2023. Norway's giant wealth fund, the world's largest, touted the possibility that Danish drugmaker Novo Nordisk and U.S. rival Eli Lilly could be on course to become the first healthcare members of the trillion-dollar club. Novo Nordisk, Europe's largest firm by market capitalization, on Wednesday reported stronger-than-anticipated 2023 earnings, as sales of its hugely popular drug Wegovy continued to soar. The largest pharmaceutical company in the world by market value, Eli Lilly currently stands at roughly $612 billion. NBIM, the world's biggest single stock market investor, holds a 2.5% stake in Novo Nordisk and a 0.98% stake in Eli Lilly, according to LSEG data.

Persons: Eli Lilly, Wegovy, Gemma Game, Eli Lilly's Zepbound Organizations: Novo Nordisk, Pharmacy, Norges Bank Investment Management, Nordisk's Ozempic Locations: Provo , Utah, U.S, Danish, Europe's

☆ World's largest sovereign wealth fund posts record $213 billion profit, boosted by tech stocks
▼ + stars: | 2024-01-30 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Norway's giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks. "Despite high inflation and geopolitical turmoil, the equity market in 2023 was very strong, compared to a weak year in 2022," Nicolai Tangen, chief executive of Norges Bank Investment Management, said in a statement. Norway's sovereign wealth fund, the world's largest, was established in the 1990s to invest the surplus revenues of the country's oil and gas sector. Last year, Norges Bank Investment Management said its return on equity investments was 21.3%, its return on fixed income investments came in at 6.1%, while investments in unlisted real estate returned -12.4%. The fund said a negative year for its unlisted real estate investments was due to rising interest rates and subdued demand.

Persons: Nicolai Tangen, Norges Bank Investment Management's Tangen Organizations: Fund, Norges Bank Investment Management, Technology, Norges Bank Investment Locations: America, China

☆ The Fed will not be a scapegoat for a recession, says Merrill’s Matthew Diczok
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed will not be a scapegoat for a recession, says Merrill’s Matthew DiczokMatt Miskin, John Hancock Investment Management co-chief investment strategist, and Matt Diczok, Merrill and Bank of America Private Bank head of fixed income strategy, join 'Squawk Box' to discuss the latest market trends, the Fed's rate path decision, 2024 outlook, and more.

Persons: Matthew Diczok Matt Miskin, John, Matt Diczok Organizations: John Hancock Investment Management, Bank of America Private Bank Locations: Merrill

☆ Swiss firm Pando becomes 13th filer for spot bitcoin ETF
▼ + stars: | 2023-12-04 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +1 min

Dec 4 (Reuters) - Pando Asset AG, a digital asset management firm based in Switzerland, last week became the latest issuer to submit an application to the U.S. Securities and Exchange Commission to launch an exchange-traded fund (ETF) tied to spot bitcoin prices. Pando becomes the 13th company vying for a share of what the cryptocurrency world believes could become a multi-billion dollar product, SEC filings showed. Others range from asset management giants like BlackRock and Fidelity to more specialized ETF providers like ARK Investments. Pando is a latecomer to the U.S. spot bitcoin race, but already has three other spot crypto exchange-traded products (ETPs) on the SIX Swiss Exchange. Its ETF proposal included Bank of New York Mellon as the administrator of the Pando Asset Spot Bitcoin Trust.

Persons: Pando, Suzanne McGee, Ira Iosebashvili Organizations: Pando Asset AG, U.S . Securities, Exchange Commission, SEC, BlackRock, Fidelity, ARK Investments, SIX Swiss Exchange, Bank of New York Mellon, Pando isn't, ARK Investment Management, Thomson Locations: Pando, Switzerland, U.S

☆ There's tremendous opportunity to lean in on high-quality bonds, says John Hancock’s Emily Roland
▼ + stars: | 2023-11-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's tremendous opportunity to lean in on high-quality bonds, says John Hancock’s Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, the Fed's inflation fight, and more.

Persons: John Hancock’s Emily Roland Emily Roland, John Organizations: John Hancock Investment Management

☆ Ark Investments sets 0.80% fee for proposed spot bitcoin ETF
▼ + stars: | 2023-11-24 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +1 min

Since 2021, the SEC has rejected multiple applications to issue spot bitcoin ETFs, arguing that the cryptocurrency market is vulnerable to manipulation. In August, a federal court ruled that the SEC wrongly rejected Grayscale Investments' application to convert its Bitcoin Trust into a spot bitcoin ETF. SEC chair Gary Gensler said last month that the SEC is evaluating as many as 10 spot bitcoin ETF proposals. The average fee levied on U.S. ETFs currently hovers around 0.54%, but Ark's proposed fee of 0.80% is significantly lower than the 2% that Grayscale currently charges investors on its spot bitcoin trust. If the SEC does approve some or all of the pending spot bitcoin ETF applications in early January, industry participants and analysts expect a fierce battle for market share to follow.

Persons: Cathie Wood, 21Shares, Gary Gensler, Ark's, It's, Suzanne McGee, Elaine Hardcastle Organizations: ARK Investment Management, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Swiss

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